I have a very large amount of Stellar Lumens.
I was thinking of liquidating 10% of my holdings to purchase XLMUP/USDT leveraged tokens on Binance. It's essentially a 2.5x Bull/Bear USD ETF depending on the direction. Obviously we are all long.
Anyone have experience with these types of products?
Also while writing this post, I learned that these aren't long term holds because the NAV degrades with volatile drops.
Still doing some reading on this but here's the link: